La Quinta Holdings (LQ) Reports In-Line Q1 EPS

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Go back to La Quinta Holdings (LQ) Reports In-Line Q1 EPS

La Quinta Holdings Inc. Reports Strong Results For First Quarter 2015

April 29, 2015 4:01 PM EDT

IRVING, Texas, April 29, 2015 /PRNewswire/ -- La Quinta Holdings Inc. ("La Quinta" or the "Company") (NYSE: LQ) today reported its first quarter results on a historical basis, as well as the results of operations on a pro forma basis, giving effect to La Quinta's initial public offering (IPO) in 2014 and the related transactions as described below.

First Quarter 2015 Highlights:

System-wide comparable RevPAR increased 8.2 percent, ADR increased 4.3 percent and occupancy increased 233 basis points Pro Forma adjusted earnings per share increased by $0.01 to $0.08; historical earnings per share was... More